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; and sl~all per~arm. co~nplJ? with and nbide 6q each and every the ag?eementa, stipuJattona, conditions and
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covenanb tlureof, and o/ this ?rtortgage, then thie mortgage ~d rhe estate here6y created, sl?aU cease. de-
ter+nine and bs nuA and void.
a
s ~ the awrtgaeor here6y jureher covenants and ogrses to pnY promptly wl~en das the p~cipal and
~ intere~+! anc~ olhtr iuma of money prontc~erj f
or in iaic~ nole and thb mortgage, or eit~er; ta pay aU anal
re
singular the taxes, assess?nents, levlea, liabilities, o6ligotions, a?u~ encumbrances of euery nature on satd pro-
~ perty; to pe?mit, commit o~ su~f
er no wastv, impnirment or deteriomtion o` ~a~d ia?~d or t~e improusrnents
~ t~ewon at any time; to rreep the bui~ings now or ~?ereaf tar on said land {u~y insu+~ in a sum o( no! ~eaa '
t{u.n TWO THOUSAND & 00/100 DOLLARS
- fn a compuny or companie~ accepta~~e to the mortgagee, the po~icq or po~icies to ~e i~eld 6y, anc~ payable+ :
mpu
to, said mortgagee, and tn t{?e event any sum o` money 6ecomes payabt~ 6y virtue oj suc{? i?uurance tke
mortgag~e shaU ~ave tl~e right to rereive and apply the sn?ne to tf?e inde6tednesa I~ereby ~ecured, aceounting '
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to t~e ?nortgagor for any autp~us; to pay a~~ coats, c~ta~gea, arscj experwes, including ~awyer~a fees and title
' s~srcl?es, ~o.~b1y incurted or pnid by the rnortgagee becausa of the (aiiwtir o~ the mortgagw to promptly
and /ully comply w:tf? tlie agreements, stipulations, conditions and c.ovenants o~ aaid note and thie mortgage,
ar either: to per{orrr~, comply uuith and nbide 6y eacle and every the agreements, stipulations, conditions nnd
covenanta set ~orth in said nole and thu mortgaga or eit{?er. /n the event the mortgagor ~ai~s to pay wF~en
d~ a„y us~essment, insurance premium or oth~r sum of money poya6le by virtue oj said note and this
- mortgage, or eit~ter, t~e mnrtgagee may pay thE same, without waiving or a~~ecfing t~e option to ,~oreclose
- or any otlter right I~ereunder, and a~l suc~ payments s{u,il 6~ ~Rterest from date t{?ereo~ at the Ftig~teat jaw-
(u~ rate ihen aib~ed by ~h~ Iaws o( t~e State of Florida
iL any sum o~ rnoney hereen refenec~ to be not pro:npt~y paid ruit~in thirty days next nfter
the same 6ecomes due, a~ i( each and e~ery the agreements, stipulation~, conditions and covenanta af sard
note and !his martgage, or either, are not (ully perJormed, compliec~ with and a6~ded by, then t~te entire
sum mentionec~ in said note, and tF~is mortgage, or the entire 6alance unpaid thereon, g1~aU ~ortEwutth or
t{~ereaf ter, at the option o{ the mortgagee, ~ecome wtd be t~ue ant~ paya6~e, unyt{?ing in saitl note or herein
fo t~e cont?nry notwithstuntling. Failure by the mortgagee to exercise any of the rights or op~t het¢rn
provic{ed s~?au no! constitute a wniver of any rig~ts or options unc~er said note or this mortgo~~{~~t~l~i~~of,
tf~ereajter accruing. ' ' ~ ~I .
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••~~w ~'.:-,~,`~Q~ ~ .`.;'h•
n-;~ }~~~7'~ S~ ~~LII~ "W~t t~e mortgagor {?as caused t~se''~ftaamt~'~o
• : r,$~q~ be executed in its name, nnd its corpomte seal to be hereunto af
{i.x~;- by its
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( t~;~ proper o~f icers thereunto dufy authorized, the dar and year f irst abob~ written.
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~ INDIAi~i RIVER IRON 4VORKS INC.
A'I~ST : . - - -
ticr.Tef a ry
~ Signed, sealed and c~eli d in t e presence of : Ge - I„
~ ~/L/~`.c-
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. Vrrs~dent
~ FI .
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: ....1.~~--- ~~P DED
- . . E Q 0 K
'6$ a~ P~ 3 : y
C f P ! ,
~l FLQR I DA ~ 0 G~ r; r-
sr. ~~,ciE~CaUNTY,~~ .
~ ~ ST. LUCIE 'n
! HERf:BY CERTIFY tf~at on tliis day, be)ore me. an o~~irer duly autf~orized in tl~e Slal~h~~'~ aforceatd to taiee aclmou~l¢dg-
~.,e~rs, ~.~!!y ~a~d R. ~nahue, president ~and Dorothy Hoffineister,
secretary
.~~~~w~uw dcs~-+w-io- 4e -ibr - - - - - _ ~ne~nl a~_ - - - - " - - ~ " - - - " - - - - - -~SStWL~SCe~y oj' the corporalion named as
~ mortgagw in !ke ~oregoing instryment, an+~ t~a! t~ey sereraJly ac~tnou~e~dge~ executin,q l~e snme, in t~P prexnce o~ lu~o subacri~ing witneaaes, '
~iee~y artd ro~untari~y tutder aul{~ority du~y C'fSIPd in tkvm 6y said cor{xualioR an~ tha! the sea~ a),irecl t~ereto is the tn~e corporale eeal 06
sni~ nxxwration.
WCC~:~E~S my hancl aru{ of~icia( eval in f~~e Cotin;y und ~fale ~ast a~oresair~ this 5th ~{aY a~ Oetober .
A. D. t9 (a~
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